Passport Legacy emphasizes the importance of a second passport

Passport Legacy emphasizes the importance of a second passport

Dubai, UAE: Passport Legacy, a Swiss boutique firm with over 25 years of combined experience in the investment migration industry, comments on the increasing importance of securing and holding a second passport amid the UAE’s recently announced rule which has many Indians scrambling. Last week it was announced that travellers entering and exiting the UAE must have both a primary and secondary name in their passport to be permitted to travel; people without the standardised naming procedure will be banned from entering the country.

The tradition of having just one name, known as a mononym, is common in many countries but the UAE has noticed multiple visas being issued to Indian travellers that fall into this category. While the country’s new rule will be problematic for people booking airline tickets online through online travel agencies (OTAs), it should help combat this concern, and it also brings attention to the array of benefits that holding a second passport can provide.

With the global investment migration industry growing at an annual growth rate of 23%, demand for Residency-by-Investment (RBI) and Citizenship-by-Investment (CBI) is rising. It has surged by 65% in 2022 alone and the most popular CBI programs in the GCC have been cited